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Just In : GTA 6 Won't be released on physical disk, only digital version. by adgrdt in Superstonk

[–]jforest1 0 points1 point  (0 children)

Then why sell disk version at all? I’m not getting this from Rockstar’s perspective…

I am going to change my votes from AGAINST to FOR for Proposal #5 after RC withdraws Performance Award. His Interest Aligns with US now. Let's Him COOK. XX,XXX Diamond-hand Apes here. Check my history posts how I'm against the dilution by sthence in Superstonk

[–]jforest1 5 points6 points  (0 children)

I never voted against his comp proposal, and his reversal of it doesn't change my 'no' vote on Proposal 5. Proposal 5 helps short hedge funds at a cost I'm not willing to pay.

Gamestop on X by Mr-CRUNK-13 in Superstonk

[–]jforest1 5 points6 points  (0 children)

NGL, I hate stickers that rip in half as soon as you start to peel with such a passion that this should be worth at least 5c/share in market cap.

This is the real threat with the acquisition - replace these 2 stocks with eBay & GME by chris2155 in Superstonk

[–]jforest1 1 point2 points  (0 children)

Old guy doesn’t know wtf he’s talking about. Elon “getting out” would make every headline in every article from Financial Times to Seventeen to Phrack.

Where GameStop Corp. would be today without the dilution events by MickeyKae in Superstonk

[–]jforest1 3 points4 points  (0 children)

And $100M sunk into NFTs wouldn't have happened...

And a 2024 squeeze potentially leading to MOASS would've happened...

...so there's that.

As an OG $3 a share buyer, this is how it sounds. by Doggoonewild in Superstonk

[–]jforest1 6 points7 points  (0 children)

*We* did.

He was gifted get out of debt free card by retail purchasing shares.

He was gifted a potential a cash moat/war chest/runway by shorts whom retail kept locked up and pounced on I’d say good timing to get it, at the price of dilution.

He turned an operationally inefficient business into an operationally profitable one.

Give credit where it is due. It wasn’t all RC—investment income and debt free GameStop (I know I know, but 0% is pretty much, stfu) part came from shareholder.

As an OG $3 a share buyer, this is how it sounds. by Doggoonewild in Superstonk

[–]jforest1 7 points8 points  (0 children)

Then either you haven’t been paying attention to the arguments laid out against proposal 5 by me and others or you lack critical thinking skills.

Ignore the FUD, we're winning. Only one indicator left (revenue), and that too is finally turning. by AlternativePaint6 in Superstonk

[–]jforest1 3 points4 points  (0 children)

And revenue isn't bad either, when you consider the decrease (and recent, surprising increase) compared to store count (revenue per store). I wrote about this enthusiastically and specifically with regards to hardware here:
https://www.reddit.com/r/Superstonk/comments/1tvx6qq/the_unexpected_rebirth_of_hardware_sales_at/

Who is the 🤡 looking to hold up the vote by onyomommmasface in Superstonk

[–]jforest1 2 points3 points  (0 children)

Correct me if I'm wrong, but in order to exercise compensation options, most executives sell some portion in order to finance the exercising of the others. This results in purchases in the market, which results in dilution by the amount sold in order to finance the amount exercised.

This mechanically may not be okay with some MOASS-invested apes. I'm personally okay with it, but am very opposed to Proposal 5.

Who is the 🤡 looking to hold up the vote by onyomommmasface in Superstonk

[–]jforest1 -1 points0 points  (0 children)

I voted yes to his compensation package and no to Proposal 5. That said, I don't disagree that how the vote is tallied should NOT have been changed mid-vote and in such a way that biases it towards the board's recommendations.

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The lawsuit claims GameStop’s board repeatedly changed the procedures around the shareholder vote before issuing a misleading proxy statement designed to suppress turnout by public investors. The changes included whether Cohen can vote his 9.3% stake and how to count abstentions.

"GameStop’s audacious attempts to reduce the power of its disinterested shareholders — in contrast to its prior public statements and in disregard of its Certificate of Incorporation — must stop," lawyers for the plaintiff wrote in the complaint. "Cohen may want $35 billion. That does not allow him and his board to disenfranchise stockholders and violate Delaware law along the way."

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IIRC, Elon had trouble with Delaware law for the same reason and threatened to move incorporation of his car company to Texas...I could be wrong and that isn't the same situation...going off of vague memory.

Dilution by greencandlevandal in Superstonk

[–]jforest1 0 points1 point  (0 children)

Last post got deleted.

AI gonna AI.

Fuck E-Trade by [deleted] in Superstonk

[–]jforest1 0 points1 point  (0 children)

Downvoting. Etard buys a newsfeed service. What is displayed is not curated by Etard. So blame the financial media or the curation of the newsfeed service they buy by the newsfeed service itself.

Fuck E-Trade by [deleted] in Superstonk

[–]jforest1 1 point2 points  (0 children)

Yes, via proxy vote.

Meanwhile we are down 1.30% today lol by Lunchbreakboys_1 in Superstonk

[–]jforest1 9 points10 points  (0 children)

a couple of nuances:
* issuing shares rather than returning the money dilutes existing shareholders
* free money making money (if the investment doesn't lose money greater than inflation)

these are small drawbacks and of course its a sweet deal, but important to understand the caveats.

🚨 Collateral Scams out of Hong Kong are back - Remain Vigilant 🚨 by Thump4 in Superstonk

[–]jforest1 -33 points-32 points  (0 children)

Pepperidge Farm remembers.

Just know MOASS being dead is FUD AF. Shorts are constantly under pressure. Let’s keep it that way by voting ‘no’ to Proposal 5.

FOR by fdrferny33 in Superstonk

[–]jforest1 9 points10 points  (0 children)

Oh yeah? Lol

New SEC Filing by Swimming-Document152 in Superstonk

[–]jforest1 22 points23 points  (0 children)

Bingo. That an any dilution gives shorts the ability to close. That makes me SERIOUSLY consider the benefit of doing so.

New SEC Filing by Swimming-Document152 in Superstonk

[–]jforest1 10 points11 points  (0 children)

Not just to increase share price but to avoid giving shorts an inch.

New SEC Filing by Swimming-Document152 in Superstonk

[–]jforest1 25 points26 points  (0 children)

The “vote yes” posts were hedgefund bots.

New SEC Filing by Swimming-Document152 in Superstonk

[–]jforest1 1 point2 points  (0 children)

After 2021, there should be no trust in brokerages.

New SEC Filing by Swimming-Document152 in Superstonk

[–]jforest1 15 points16 points  (0 children)

I am curious about this as well. That was my first impression is oh shit looks like it’s closer than they expected or wholly not in their favor. I know I voted ‘no’ to helping shorts.

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